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Montecito Bank & Trust
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Portfolio watch

By   /  Thursday, December 7th, 2023  /  Banking & Finance, Columns, Latest news, Personal Finance, Subscriber content  /  Comments Off on Portfolio watch

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AeroVironment crushes expectations but stock still falls

By   /  Wednesday, December 6th, 2023  /  Earnings, Latest news, middle, Subscriber content, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AeroVironment crushes expectations but stock still falls

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Sutter Health sees expenses rise in the third quarter

By   /  Friday, December 1st, 2023  /  Earnings, Health Care & Life Science, Latest news, Subscriber content  /  Comments Off on Sutter Health sees expenses rise in the third quarter

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Banc of California closes merger with PacWest, raises $400M

By   /  Thursday, November 30th, 2023  /  Banking & Finance, Banking Industry, Latest news, Top Stories, Top Story, Tri-County Economy  /  Comments Off on Banc of California closes merger with PacWest, raises $400M

Los Angeles-based Banc of California announced the completion of its all-stock merger with PacWest Bancorp, which will take effect Dec. 1. Announced on Nov. 30, Pacific Western Bank, a subsidiary of PacWest Bancorp, has now merged into Banc of California meaning the combined bank will operate under the Banc of California name and brand. The Read More →

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Acelyrin shares decline after programming error disclosure

By   /  Wednesday, November 29th, 2023  /  Earnings, Health Care & Life Science, Latest news, Top Stories, Top Story, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Acelyrin shares decline after programming error disclosure

Conejo Valley-based Acelyrin saw shares plummet more than 30% on Nov. 28 after the biotechnology startup announced an error in one of its trials for its main treatment. Acelyrin, which is a part of Westlake Village BioPartners investing portfolio, disclosed there was a programming error in a drug trial of izokibep, a treatment for psoriatic Read More →

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Deckers shares skyrocket in month after earnings excitement

By   /  Tuesday, November 28th, 2023  /  Economy, Latest news, Retailing, Subscriber content, Top Stories, Top Story, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Deckers shares skyrocket in month after earnings excitement

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Dole’s momentum continues in the third quarter

By   /  Wednesday, November 22nd, 2023  /  Agribusiness, Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Dole’s momentum continues in the third quarter

Westlake Village-based Dole plc reported its third-quarter earnings on Nov. 16 and noted higher revenue and net income than in the same quarter a year ago. Dole reported revenue worth $2 billion for the quarter ended Sept. 30, up 4.2% from the same quarter a year ago. In a press release, Dole said the revenue Read More →